Abercrombie Company uses a periodic inventory system and four special journals: Purchases, Sales, Cash Receipts, and Cash Disbursements. The following transactions were incurred during August:
Record the above transactions in the appropriate journals below. Ignore transactions that should not be posted to the journals provided.

Question

Abercrombie Company uses a periodic inventory system and four special journals: Purchases, Sales, Cash Receipts, and Cash Disbursements. The following transactions were incurred during August:
  Record the above transactions in the appropriate journals below. Ignore transactions that should not be posted to the journals provided.

Quizplus · Accepted Answer

The Answer of Abercrombie Company uses a periodic inventory system and four special journals: Purchases, Sales, Cash Receipts, and Cash Disbursements. The following transactions were incurred during August:
  Record the above transactions in the appropriate journals below. Ignore transactions that should not be posted to the journals provided.

Abercrombie Company Uses a Periodic Inventory System and Four Special